1 min read
Sources:
Form 1-A, Form 1-K, Form 1-SA, his own videos
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Short answer
Reinvest is the operating name of House Hack, Inc., a Wyoming corporation Kevin Paffrath formed on June 22, 2022 and renamed on September 27, 2025. It buys fixer-upper real estate below market with no bank debt, 38 properties at June 2026 carried at $63.1 million; it runs the Meet Kevin courses, Alpha Membership and software since taking them over in November 2025; and it has raised money from the public through common stock, 5% convertible bonds and, now, 7% preferred stock. Kevin’s family trust holds all the votes. 123
Legal name: House Hack, Inc. (Wyoming, formed June 22, 2022)
Renamed: Sept 27, 2025 (Reinvest)
Real estate: 38 properties ($63.1M net, no mortgage)
Revenue, H1 2026: $3.17M (rent, memberships, software)
The company
House Hack, Inc. was formed in Wyoming on June 22, 2022 and began doing business as Reinvest on September 27, 2025. Its offices are in Ventura, California. It has three full-time and one part-time employees, a three-person board, and a founder who holds every executive title and, through a family trust, all of the voting stock. 12
What it owns
At June 30, 2026: 38 properties, 32 single-family rentals, four multifamily buildings with 63 apartments and one commercial unit, and two development lots, carried at $63.1 million net of depreciation with no mortgage on any of them; $16.3 million of cash, Treasuries and securities; and, since November 1, 2025, the Meet Kevin courses, Alpha Membership, Alpha Report and software operations, transferred from Kevin’s personal company with no cash paid. 23
How it makes money
Rent, $1.35 million in the first half of 2026. Memberships and software, $1.77 million net. A one-time $50,000 commission. Total $3.17 million, up from $1.22 million a year earlier, with income from operations of $539,484 and a net loss of $150,608 after $871,185 of bond interest. 3
How it is funded
Common stock sold at $1.00 in 2022 to 2024; $38.6 million of 5% convertible bonds sold in 2024 to 2026; and preferred stock in 2026. Kevin has $6 million in the bonds himself. Anything about investing belongs on the investor page and in the circular on sec.gov, not here. 1
The thesis, in Kevin’s words
Buy the wedge, hold with permanent capital, and let below-market purchases sit as an untaxed cushion the balance sheet cannot show. Each of those has its own page.
In his own videos
A real estate company with a media business bolted on, controlled by its founder and funded by the public. Every number here is in an SEC filing. 13
Simply put
✅ What it does
➡️ Buys run-down houses and small apartment buildings below market, fixes them, rents them, and never borrows against them.
➡️ Sells the Meet Kevin courses, the Alpha Membership and the Reinvest Terminal software.
✅ How it is funded
➡️ Money from investors: common stock in 2022 to 2024, 5% bonds since 2024, and 7% preferred stock now.
✅ Who controls it
➡️ Kevin. His family trust has 100% of the votes.
Sources
Form 1-A, Summary and Business (Wyoming corporation; no bank or mortgage debt; voting control) Open the filing
Form 1-K, Business (rebrand to Reinvest September 27, 2025; November 1, 2025 assumption of courses and membership) Open the filing
Form 1-SA, MD&A and balance sheet, June 30, 2026 (revenue $3,174,550; real estate net $63,082,646) Open the filing
Kevin on YouTube, "The Housing Market is Flipping my Startup!" (2025-07-28), at 0:00: “The Housing Market is Flipping my Startup!” Watch from 0:00
Kevin on YouTube, "Launching Reinvest AI and a HouseHack Update." (2025-11-25), at 0:00: “Launching Reinvest AI and a HouseHack Update.” Watch from 0:00
Kevin on YouTube, "An Quick Update on My Startup: Reinvest." (2026-08-26), at 0:00: “An Quick Update on My Startup: Reinvest.” Watch from 0:00
